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OIL AND GAS LEASE ~ �g �
<br /> Containing tqoo Printed Words
<br /> Producers 88 Special F.L.B. t-42
<br /> 21697—The Auguetine Co., County Supplies, Grand Ieland, Nebr..
<br /> FROM THE STATE OF NEBRASKA
<br /> ss.
<br /> Fi&I.I County,
<br /> John M.H�nA�c�n 8e w�'
<br /> I hereby certify that this instrument was entered on Numerical Index, ancl fiTed
<br /> ,i3O for recorcl this 23 clay of blArch �j�g �.'�,
<br /> at � o'clock �. M. ����-�C U✓
<br /> ,T.A.ROV91.A,rid Register o}'�
<br /> �� Deputy.
<br /> Fees, $ 2.�0
<br /> �GREEMENT, Made and entered into the c riC�; day of Februar�* , tg �.�.2
<br /> by and between J�hn &I.F?�.nasen ancl Tlena fiansaen,his wifP
<br /> of Grand I�?.and,rdebruaka hereinafter called lessor (whether one or more), and J.�i.Rowland
<br /> hereinaf ter called lessee:
<br /> WITNESSETH: That the said lessoi•, for and in consideration of �r18 � i�0l1.Ud — — — — — — — — — — — — — — _ — _ Dollars,
<br /> cash in hand paid, the receipt of which is hereby acTznowledged, and of the covenants nnd agreements hereinafter contained on part of lessee to be paid, kept and per-
<br /> formed, Iias granted, demised, leased and Iet and by these presents does grant, demise, lease and let unto the said lessee for the sole and only purpose of exploring by
<br /> geophysical and other methods,mining and operating f or oil and gas and of laying of pipe Iines,and of building fanTzs,powers,stations and structures tltereon to produce,save
<br /> and take care of said products, all that certain tract of land situate in the County of H&1.�. State of NPbraaka described �
<br /> as follows, to-wit:
<br /> ThP sour,r� Half oP the North Vdest �uartPr and ttie South V'lest r�uarter of Section Five, the
<br /> North Wet�t Quarter oP S�ction Eight and the �;orth East �uarter of Section Seven
<br /> � .
<br /> �
<br /> of Section8 5� �` an�o�s�ip 1_� N. Range 1.� W. and containing 56d acres, more or less. It is agreed that this lease shall remain in force
<br /> f or a term o f t 0T1 years f rom tjtis c�ate, ancl as long therea f ter as oil or gas or either o f tliem is pro�Iucecl f rom saicI Iancl by Iessee. �
<br /> In consicleration of tlie premises the said Iessee covenants and agrees: �
<br /> ist. To c�eliver to the credit of lessor, free of cost, in the pipe line to which lessee may connect wells on said land, tlie equal one-eighth part of all oil produced and
<br /> saved f rom tlie Ieased premises. �
<br /> 2nd. To pay lessor one-eightl� ('/a) of the gross proceeds eacli year, payable q uarterly, f or the gas f rom each well where gns only is f ound, while the same is being
<br /> usec� off the premises, ancl if used in the manufncture of gasoline a royalty of one-eighth (��, payable monthly at the prevailing market rate for gas; anc�lessor to have �
<br /> c�ns free of cost from any such well for all stoves nnd all inside lights in the principal dwelling on said land during the same time, by malzing lessor's own connections with ,�
<br /> the well at Iessor's own rislz and expense.
<br /> grd. To pay lessor for gas proc�ucecl from any oil well and usecl off f�ie premises or in the manufacture of gasoline or any other proc�uct a royalty of one-eig�th
<br /> (1/s) of the proceeds, nt the mouth of the well, pnyable monthly at tlie prevailing market rate.
<br /> If no well be commencecl on saicl Iancl on or before the 2nd, c�ay of February ig�� , t�is lease shall terminate
<br /> as to both parties> unless the �essee shnll on or before t�iat c�ate pny or tenc�er to the lessor or to the lessor's erec�it in the �irS� Nat'i�011$1
<br /> Bank at Gr�.nd 2sl.and,NPbr. , or its successors> whic� shall continue as the depository regardless of changes in the ownership of said land, the sum
<br /> of �I1P, Hundr�c� Tv�relve c�i NO�1.(iU — — — — — — — — — dollars, whic� shall operate as a rental and cover the privilege of de�erring tTie
<br /> commencement o f a well f or �W�1.V f,' months f rom said date. In Iike manner and upon lilze payments or tenders, the commencement oF a well may be f urther
<br /> cteferred for like periocls of the same number of months successi�ely. And it is understood and agreed that tlie consicleration first recited herein, tlie down payment, covers
<br /> not only tlie privilege grantec� to the clate when saic� first rental is payable as aforesaic�, but also the lessee's option of exten�Iing tlLat periocl as aforesaic�, ancl any ancl al�
<br /> other rights conferret�.
<br /> Should the first well drilled on the above described land be a dry hole, then, nnd in thnt event,if a second well is not commenced on said land wit�in tiuelve months
<br /> from the expiration of the Iast rental period for whicTi rentnl �as been paid, this lease shall terminate as to botli parties, unless tl�e lessee on or before the expiration oF
<br /> . said twelve months shall resume the payment of rentals, in the same amount and in tl�e same manner as hereinbefore provided. And it is agreed that upon tlie resumption
<br /> of the payment of rentals as above provided, that the Iast prececling paragrapli hereof governing the payment of rentals and the effect thereof, shall continue in force just
<br /> as though there �ac� been no interuption in the rental payments, ancl if t�ie lessee shall commence to c�rill a well wit{tin the term of t�iis lease or any extension th,ereof, the
<br /> lessee shall liave the right to drill such well to completion witl�reasonable diligence and dispatch, and if oil or gas, or eitl�er of tl�em, be found in paying quantities, tl�is
<br /> lease shall continue and be in force with tlie Like ef fect as if such, well lind been completed witliin the term of years first mentioned.
<br /> If said Iessor owns a less interest in the above described land than tlie entire and undivzded {ee simple estate therein, then tlie royalties and rentals herein provided
<br /> f or shall be paid tlie saicl lessor only in the proportion wliieh Iessor's interest bears to tl�e whole ancl undiuided f ee.
<br /> Lessee shall have tl�e right to use, free of cost, gas, oil and water produced on said land for lessee's operntions thereon, except water from the wells of lessor.
<br /> When requested by lessor, Lessee shall bury Iessee's pipe lines below plow depth.
<br /> 1Vo well sT�all be drilled nearer than 20o feet to the liouse or barn now on saicl premises without written consent of lessor.
<br /> Lessee sjtall pay for clamages causec� by lessee�s operations to growing crops on saic� lanc�.
<br /> Lessee shall have the righ t at any time to remove all machinery ancl f ixtures p lacec�on saic�premises, incluc�ing the rig�it to c�raw and remove easing.
<br /> If the estate of either party hereto is assigned�and the privilege of assigning in whole or in part is expressly allowedr-the covennnts Iiereof shall extend to their
<br /> heirs, executors, administrators,successors or assigns, but no change in the ownersh,ip o f the land, or assignments of rental or royalties sl�all be binding on the lessee until
<br /> after the lessee has been furnislied with, a written transfer or assignment or a true copy thereof; and it is hereby agreed that in the event this lease shall be assigned as to
<br /> a part or as to parts of the above c�escribecl Iancls ancl the assignee or assignees of suc�i pnrt or parts shall fail or make c�efault in t�e payment of f�e proportionate part of
<br /> the rents due from Tiim or them, such default sl�all not operate to defeat or af fect this lease in so far as it covers a part or parts of saicl Iands upon which tFte said Iessee or
<br /> any assignee t�ereof shnll make due payment of said rental. In case Iessee assigns this lense, in whole or in part, lessee shall be relieved of all obligations witli respect to
<br /> the assignecl portion or portions arising subsequent to the clate of assignment.
<br /> All express or implied covenants of this lease shall be subject to all Federal and State Laws, Executive Orders, Rules or Regulations, and this lease shall not be
<br /> terminatec�, in whole or in part, nor Iessee helcl Iiable in clamages, for failure to comply therewith, if compliance is prevented by, or if such failure is the result of, any
<br /> such Law, Orcler, Rule or Regulation.
<br /> Lessor hereby warrants ancl agrees to c�efencl the title to the lancls herein describec�, and agrees that tl�e lessee shall �iave tlie right at any time to redeem for lessor,
<br /> by payment, an�imortgages> taxes or other liens on the nbor�e cIescribed lanc�s, in the event of c�efault of payment by Iessor, ancl be subrogratec� to the rig�its of tlte Iiolcler
<br /> thereof, and tlie undersigned lessors, for themselves and their lieirs, successors, and assigns, hereby surrencler and release aIl right of dower and liomestead in t�e premises
<br /> �escribec� herein, insofar as snic� right of c�ower and jtomestentl may in any way nf f ect the purposes for w�iich this lease is macle,as recitec�herein.
<br /> IN 7'ESTIMONY WHEREOF WE SIGN, This the 2nd, day o{ Febrtt�,ry , ,9 �2 .
<br /> Witnesses:
<br /> ------------------------�------------------------------J-O--��---M.._Har�as.en.--------------------- -----
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